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  • Two former Endurance Specialty executives are looking to launch a Bermuda-based casualty insurer with up to $1bn in capital, The Insurance Insider can reveal.
  • Ratings agency Standard & Poor's revised its outlook for the US commercial lines and property & casualty (P&C) sector to negative last week on the back of continued price softening and declining investment returns.
  • Lloyd's insurer Hiscox Ltd has posted a rise in pre-tax profits with reserve releases, a solid investment performance and strong underwriting returns defying the gloom of the soft market and credit crunch.
  • After downgrade and developing hurricane losses, investors await strategic plan... Post-9/11 start-up Montpelier Re has pleaded for patience from investors as it formulates a strategic plan to recover from heavily deteriorating hurricane losses that...
  • By any measure, it was an eventful week for Lloyd's insurer Chaucer Holdings...
  • BNP Paribas and Deutsche Bank are marketing a $200mn US wind and quake cat bond for French reinsurer SCOR, our sister title Trading Risk revealed on 15 January.
  • Independent reinsurance broker RK Carvill is separating its underwriting and broking businesses in a corporate restructure that will result in “material” redundancies, The Insurance Insider can reveal.
  • The French insurance market is maintaining its stability despite increased pressure on motor rates and a lacklustre economy, according to a report from rating agency Standard & Poor’s (S&P).
  • UK-listed broker Jardine Lloyd Thompson Group plc (JLT) went against the grain of bullish Lloyd’s-based (re)insurers predicting a definitive turn in the market (see articles 2 and 12), stating it has not yet...
  • The twin impact of the financial markets turmoil and the recession are clear to see in first half figures for the US property and casualty industry, with both the top and bottom line heavily hit.